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Slate Grocery REIT (TSX:SGR.UN) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Slate Grocery REIT Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Slate Grocery REIT's Goodwill for the quarter that ended in Dec. 2023 was C$0.0 Mil. Slate Grocery REIT's Total Assets for the quarter that ended in Dec. 2023 was C$2,999.5 Mil. Therefore, Slate Grocery REIT's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Slate Grocery REIT Goodwill-to-Asset Historical Data

The historical data trend for Slate Grocery REIT's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Slate Grocery REIT Goodwill-to-Asset Chart

Slate Grocery REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Slate Grocery REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Slate Grocery REIT's Goodwill-to-Asset

For the REIT - Retail subindustry, Slate Grocery REIT's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Slate Grocery REIT's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Slate Grocery REIT's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Slate Grocery REIT's Goodwill-to-Asset falls into.



Slate Grocery REIT Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Slate Grocery REIT's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/2999.547
=0.00

Slate Grocery REIT's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/2999.547
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Slate Grocery REIT  (TSX:SGR.UN) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Slate Grocery REIT Goodwill-to-Asset Related Terms

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Slate Grocery REIT (TSX:SGR.UN) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company's properties include Bloomingdale Plaza, Westin Centre, Glenlake Plaza, Prairie Point, and others.

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